Devisenmarkt Israel

 

The shekel is strengthening again despite disappointing growth data and lower than expected inflation....

After July's lower than expected CPI reading, the Israeli currency has been further weakened by poor second quarter growth figures....

As markets tumble and concern about global recession grows, investors have rushed towards safe haven currencies....

The Israeli currency has resumed the gains which have characterized most of this year, during which time it has appreciated 7% against the dollar....

Israeli consumers may be benefitting from the strong shekel but it makes Israel's tech sector much less attractive....

Goldman Sachs predicts the shekel will strengthen to NIS 3.45/$ any maybe more if the Bank of Israel does not intervene of forex markets....

Following an in-depth analysis of the factors fueling the strengthening of the Israeli currency, Goldman Sachs sees the rate moving towards NIS 3.45/$....

The shekel remains below the psychologically important barrier of NIS 3.50/$ against the dollar at levels not seen since March 2018....

The forex market had priced in a US interest rate cut but was surprised by the Bank of Israel Governor's remarks that there would be no rate hike....

Prico: Without government assistance for exporters, Israeli manufacturers will move their operations abroad....

The Bank of America observes that unlike his predecessor, Bank of Israel Governor Prof. Amir Yaron is letting market forces determine the exchange rate of the shekel....

The shekel appreciation against the dollar and against the euro is also gaining momentum....

Leader Capital Market: Planned rate cuts by the ECB and Fed while the Bank of Israel is deliberating a rate hike, supports continued strengthening of the shekel....

Excellence Nessuah: Even an interest rate cut would probably not halt the shekel strengthening....

The round was led by GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express....

The lower than expected June CPI rise makes an interest rate cut next month much more unlikely....

The surprising fall in the CPI in June left the inflation rate in Israel below the official target range....

Leader Capital Markets macroeconomist Yonatan Katz: A Bank of Israel rate hike is still possible in the next few months....

Hints by US Fed Chair Jerome Powell about a rate cut have pushed the shekel to its strongest against the dollar since April 2018....

The shekel is trading at its strongest levels for 15 months against the dollar and below the key NIS 4/€ rate....